USDT Market Cap Surpasses $160 Billion, with Over $130 Billion in 24-hour Trading Volume

BlockBeats News, July 16th, according to Coingecko data, USDT's market cap has surpassed $160 billion, with a 24-hour trading volume exceeding $130 billion.

Tether's Chief Technology Officer, Paolo Ardoino, stated that the record-high market cap of USDT signifies its unparalleled utility as a digital dollar for billions of people in emerging markets and developing countries.